# Income Tax Slab for AOP & BOI [A.Y. 2019-20]

Income Tax Slab for Association of Persons (AOP) and Body of Individuals (BOI): In previous article, we have discussed about the income tax slab/income tax rates for individual for A.Y.2019-20. In this article we will discuss only about AOP and BOI income tax slab rates.

## What is Association of Persons (AOP)?

First of all, you should know about what is Association of persons. It is also called AOP by its short name. AOP exists when two or more persons come together to do some business by aim of earning income jointly. The two persons can by anybody like individuals, company, association of BOI. It become automatically AOP when two or more person jointly works but do not form any firm.

## Income Tax Slab AOP & BOI [A.Y.2019-20]

 Income Income Tax Income upto ₹ 2,50,000/- Nil Income From ₹ 2,50,000/- to ₹ 5,00,000/- 5% of (income – ₹  2,50,000) (Tax rebate u/s 87A: If income is upto ₹3,50,000/- [income tax or ₹ 2,500/- whichever is less] Income from ₹5,00,000/- to 10,00,000/- ₹ 12,500/- + 20% of (your income – ₹ 5,00,000) Income over ₹ 10,00,000/- ₹ 112,500/- + 30% of (your income – ₹ 10,00,000) Surcharge (Marginal Relief Applicable) @ 10% when total taxable income is over 50 lacs but less than 1 crore. @ 15% if income is over 1 core Health & Education Cess 4% of (Income Tax + Surcharge)

### 8 thoughts on “Income Tax Slab for AOP & BOI [A.Y. 2019-20]”

1. Sir plz can u explain the cases wr we hv to apply normal rates and MMR under AOP?

2. Sir I want to ask query that in case of return filling of Apartment Of Association for F.Y. 2015-16 which tax method have to be applied Normal method or MMR Method.
when MMR Method have to apply for apartment ?
please give detail informations in this regard…..

3. if partners of AOP (Association of Persons) company paying tax on their income ( from that AOP company ) after companny ( seprate registered with NTN ) paid tax on its whole income , it is dual taxation or not ??? because partners liability is unlimited !!!

• Any income taxable in the hands of AOP,share of that in the hands of partners is exempt.

4. Dear omprakash ji as per section 139 (1) if an individual is not having income less than basic exemption limit than such person is not required to file it’s return if income (y)

• ulta bol dia CA sahab. !Also failed to mention GTI or TI.